S&P – Texas on the Potomachttp://blog.chron.com/txpotomac
Washington news with a Texas accentMon, 16 Nov 2015 20:28:37 +0000en-UShourly1https://wordpress.org/?v=4.6.151023179Sen. John Cornyn blames Obama for S&P downgrade, says the “debt crisis is not over”http://blog.chron.com/txpotomac/2011/08/sen-john-cornyn-blames-obama-for-sp-downgrade-says-the-debt-crisis-is-not-over/
http://blog.chron.com/txpotomac/2011/08/sen-john-cornyn-blames-obama-for-sp-downgrade-says-the-debt-crisis-is-not-over/#respondTue, 09 Aug 2011 19:00:41 +0000http://blog.chron.com/txpotomac/?p=18302Republican Sen. John Cornyn yesterday issued an official statement following President Obama's speech addressing Standard & Poor's downgrade of the U.S. credit rating.
The president spoke Monday after the Dow plunged more than 600 points. Obama sought to reassure investors, declaring that the U.S. will always be a triple-A country," despite S&P's AA+ adjustment.
But Cornyn, who is a member of the Senate Budget and finance Committees, said the "debt crisis is not over."]]>http://blog.chron.com/txpotomac/2011/08/sen-john-cornyn-blames-obama-for-sp-downgrade-says-the-debt-crisis-is-not-over/feed/018302The Week Ahead: National budget deal does some good but leaves a lot of loose endshttp://blog.chron.com/txpotomac/2011/08/the-week-ahead-national-budget-deal-does-some-good-but-leaves-a-lot-of-loose-ends/
http://blog.chron.com/txpotomac/2011/08/the-week-ahead-national-budget-deal-does-some-good-but-leaves-a-lot-of-loose-ends/#respondMon, 08 Aug 2011 03:12:43 +0000http://blog.chron.com/txpotomac/?p=18171After weeks of nail biting, Congress passed a final budget deal just in time for the Aug. 2 deadline. The plan cuts billions in spending and will continue to trim more than a trillion more over the course of the next decade.
But we're not in the clear. Falling markets and the nation's downgraded S&P rating show the U.S. economy is still far from stable footing. ]]>http://blog.chron.com/txpotomac/2011/08/the-week-ahead-national-budget-deal-does-some-good-but-leaves-a-lot-of-loose-ends/feed/018171